sec.121Failure to give information or document for investigation

sec.121 Failure to give information or document for investigation

A key person licensee of whom a requirement is made under section 120 must comply with the requirement, unless the licensee has a reasonable excuse. Maximum penalty—200 penalty units or 2 years imprisonment. It is a reasonable excuse for the key person licensee not to comply with the requirement if complying with the requirement might tend to incriminate the licensee. The key person licensee does not commit an offence against this section if the information or document sought by the chief executive is not in fact relevant to the investigation. (sec.121-ssec.1) A key person licensee of whom a requirement is made under section 120 must comply with the requirement, unless the licensee has a reasonable excuse. Maximum penalty—200 penalty units or 2 years imprisonment. (sec.121-ssec.2) It is a reasonable excuse for the key person licensee not to comply with the requirement if complying with the requirement might tend to incriminate the licensee. (sec.121-ssec.3) The key person licensee does not commit an offence against this section if the information or document sought by the chief executive is not in fact relevant to the investigation.